Domestic Arbitration: Efficient and Confidential Dispute Resolution

Domestic arbitration is a dispute resolution process where parties within the same country resolve their disputes outside of court. This private procedure involves an independent arbitrator who ensures faster and cost-effective resolution compared to traditional litigation. Commonly used in commercial, construction, and employment disputes, domestic arbitration follows the principles outlined in the Arbitration and Conciliation Act, 1996, ensuring fairness and transparency.

Arbitration agreements, typically included in contracts, outline the rules for resolving disputes. This process not only helps reduce the judicial backlog but also enables businesses to maintain confidentiality and efficiency in resolving their disputes.